Global Big Data as a Service Market: Overview
Big data as a service is considered as the delivery of statistical
analysis information from a third party or a service provider that
helps the organization to understand the insights with an objective
to achieve competitive advantage. Global data as a service market is
growing at a faster pace owing to the increasing demand for
statistical analysis since the massive amount of unstructured data is
generated almost at regular interval of time from the various
organization. The organizations outsource the big data service to
manage the large data rather than doing it in-house. The big data as
a service is often offered by various ways, for instance, big data
analytics software as a service, as data fabric which includes data
management and the data the aggregation. It can also be offered as
data platform service which mostly covers the analytical programming,
and also as cloud infrastructure. The big global data as a service
market is expected to grow at significantly high CAGR owing the
robust demand for service offerings.
Global Big Data as a Service Market: Drivers and Restraints
Global big data as a service market is primarily driven by the
increasing requirement of structured data for analysis which helps
the organizations to achieve targets and grow at a faster pace. The
demand for data science and predictive analysis is increasing which
boosts the big global data as a service market. The conclusions
driven by the use of big data are accurate with novel insights when
compared to traditional analytics is also one of the factors driving
the big global data as a service market. Moreover, the expansion of
big data analytics, covering data from intelligent systems such as
smart meters, in-vehicle infotainment, sensors, etc. further boosts
the big global data as a service market. The current growth of cloud
computing is also expected to impulse the big data as service market
owing to its flexibility in delivery models which is mostly
considered as the best approach for business users.
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Global Big Data as a Service Market: Segmentation
On the basis of solution type, big data as a service market is
segmented into:-
Hadoop-as-a-Service (HDaaS)
Data Analytics-as-a-Service (DAaaS)
Data-as-a-Service (DaaS)
On the basis of deployment model type, big data as a service
market is segmented into:-
Public cloud
Private cloud
Hybrid cloud
On the basis of platform type, big data as a service market is
segmented into:-
JAVA
Microsoft
Oracle
SAP
Others
On the basis of end use industries, big data as a service market
is segmented into:-
Banking & Financial Services
Retail
Manufacturing
Energy & Utilities
Healthcare
Public Sector
Media & Entertainment
Others
Global Big data as a service Market: Region wise Outlook
The big global data as a service market is divided into seven
regions, namely North America, Latin America, Asia Pacific excluding
Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle
East and Africa (MEA). North America is holding majority of the
share in the big global data as a service market owing to the
presence of establishes players such as Microsoft Corporation,
Hewlett-Packard Enterprise Development LP, International Business
Machines Corporation, etc. The big data as a service market in APEJ
is expected to grow at moderately high CAGR owing to increasing
investments in various business sectors in the region which will
require significant data to analyze.
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Global Big Data as a Service Market: Key Players
Some of the market players identified in the global big data as a
service market includes:
Hewlett Packard Enterprise Development LP
International Business Machines Corporation
Microsoft Corporation
SAP SE
SAS Institute Inc.
Teradata Corporation
Accenture LLP
Oracle Corporation
SunGard Data Systems Inc.
UST GLOBAL INC
MapR Technologies, Inc.
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